The correct way to measure the overall performance of the investment would be through a Cumulative Return or Compounded Annual Growth Rate (CAGR).

You could straight line it and give them 6.5 yr rent abatement on a 10 yr extension. 

It is also the top tourist destination in the US, and it is a year-round market with fairly consistent performance year after year.

Mold inspection was never performed, as there was no concern about mold.

@Jason Guenthersomething that has gotten overlooked / suppressed / swept aside recently is this: unless you are executing some high risk, niche strategy - a top performing STR, an insane sub to - there is no cash flow in traditional, vanilla long term rentals in the first few years. 

I’m a real estate agent specializing in both residential and commercial real estate, with extensive experience as an investor.

Plus it better ties investment performance throughout the organization from property porter up to CEO.To your point, there are some vertically integrated operators that charge above market fees for their internal operations.  

According to data from the Housing Authority of Baltimore City, demand for vouchers remains high, and resources are stretched thin.

For most people it means October 15th.For my clients the deadline is February 3rd, because my firm is in Houston and has a special hurricane-related extension.

@Michael LudwigThese are both screening rules of thumb for performing analysis.